Strix Share Discussion Threads

[irenekent] 13/2/2022 08:23

What's gone wrong with these? They are back to October 2020 level. Bought then and now showing a small loss. Are they being affected by Chinese energy problems/taxation/corruption or anything else? I wonder if there are worries over the yield which is quite high for an AIM stock although only growing at less than 2% per annum according to ADVFN.

[bogman1] 04/2/2022 22:56

They work very hard to protect their ip and are realty successful at keeping out the competition. Makes for a great moat!

[alter ego] 04/2/2022 15:19

good man. you definitely don't want to touch knock off Chinese stuff.

[wad collector] 04/2/2022 14:00

My kettle switch just broke and as it was a £40 Morphy Richards , the mean recycler in me took it apart. I was pleased to see that the switch is Strix and there seem to few alternative cheaper replacements. Not many cheap Chinese rip-offs I thought , then remembered this is now a purveyor of Chinese goods after all.
Gave up on the repair , read the TU and decided to try and make £40 back by adding at what now seems a cheap price...226 .
One of the highest yield AIM shares now , and covered 1.5X

[ga_dti] 04/2/2022 08:13

Latest Zeus Capital interview discussing the full year trading update:

"Strix Group deliver a good performance and now look undervalued"

[bothdavis] 04/2/2022 07:53

According to the 'market' no one is going to need new kettles in the forseeable future!!

What do they think they know?

[sabzahmed] 01/2/2022 15:05

All my UK PF is blue apart from this. Need seller to be out quick so the share price isn't depressed for much longer. The drop has been very painful since the director sell.

[epo001] 31/1/2022 12:51

Just to get back to basics from time to time. Here is how electric kettles work, Strix is mentioned

[thorpematt] 27/1/2022 21:33

So 50% fib retracement is circa 250p (so about now)

Should that fail 220p would be the target

[thorpematt] 27/1/2022 21:28

free stock charts from uk.advfn.com
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[bogman1] 27/1/2022 21:24

https://www.equitydevelopment.co.uk/research/consensus-met-record-revenue-and-profitsDoing ok. Eventually Mr market will cotton on.

[dr biotech] 27/1/2022 15:45

I did pick up a few at 245.5

Hopefully better than my buy at 280 in the not too distant past. Makes this one of my larger holdings.

[bothdavis] 27/1/2022 15:29

Hopefully will have some cash spare to top up at the months end!

[dr biotech] 27/1/2022 10:29

Me too. Perhaps the debt bit spooked a few - when markets are nervous they focus on the negatives. Presumably that will unwind as they use the stock.

[sabzahmed] 27/1/2022 10:05

I thought the update was decent and was expecting a better reaction.

[dr biotech] 27/1/2022 07:54

Decent enough statement-ftse futures are pointing heavily to the red, let’s hope we can buck the trend.

[bogman1] 24/1/2022 12:24

I think results should be good with everyone working from home and breaking their kettles!

[trident5] 24/1/2022 12:14

I think a lot rides on whether their Italian acquisition is delivering, and acquisitions usually underwhelm.

[binghall] 24/1/2022 12:04

Certainly true at the moment, but the share price since the September high is quite shocking given the dominant market position, growth and broker target. It surely can't be all down to the Director sales. An update should be in days and this needs to be strong to reverse the current action.

[dr biotech] 24/1/2022 11:18

All small caps are being routed regardless of what they do. If it’s was happening to the FT100 it would be headline news. Think AIM is 15% off it’s highs, it’s a bear market and fair to say I’ve been hit hard.

[scooper72] 24/1/2022 10:36

And another big blow to the price. I would have thought a company doing something boring like kettle switches would be a safe place to invest in volatile times, but I think all the small caps are getting hit today

[dr biotech] 21/1/2022 09:48

Probably due a TU next week. This hasn’t really recovered since the large director sells in oct. All my December gains wiped out in most of my holdings

[undervaluedassets] 24/12/2021 09:59

All my stocks that had fallen on no news (mostly on Aim ..which has taken a pounding) are now gently going up on no news. This kind of makes sense to me.

Certainly a great company and not that expensive either

[fromtheblue] 01/12/2021 11:00

Price breaks back above the 50 and 200 day simple moving average. With a bit of volume should continue to climb now.